124 Martins Rd, Oakbank is a 4 bedroom, 3 bathroom House with 6 parking spaces and was built in 1987. The property has a land size of 24090m2 and floor size of 272m2. While the property is not currently for sale or for rent, it was last sold in March 2017.
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Positioned behind the iconic Oakbank Race Course and short trot from O leary Walker Wines at the heritage listed Johnston Brewery and the main street of Oakbank.
This rare offering combines a manageable small acreage property (with the opportunity to purchase more land) together with a high quality home over two levels with unsurpassed views including the dam that provides unlimited water supply to the property. Infrastructure includes a large 15 X 7 meter timber framed shed with enclosed workshop and potential for stables, and also a spectacular Carey Gully stone gable facing the entrance. The property offers the astute purchaser the opportunity of a semi-rural lifestyle in this quiet, blue ribbon, Oakbank location whilst only being a short 30 minute commute to Adelaide CBD Via the South Eastern freeway.
The size of Oakbank is approximately 27.4 square kilometres. It has 4 parks covering nearly 1.2% of total area. The population of Oakbank in 2011 was 922 people. By 2016 the population was 852 showing a population decline of 7.6% in the area during that time. The predominant age group in Oakbank is 50-59 years. Households in Oakbank are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Oakbank work in a professional occupation. In 2011, 80.5% of the homes in Oakbank were owner-occupied compared with 82.4% in 2016.
Oakbank has 471 properties. Over the last 5 years, Houses in Oakbank have seen a 70.08% increase in median value, while Units have seen a 62.90% increase. As at 31 October 2024:
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